Thai venture capital firm ORZON Ventures invests in SEA tech firms Pomelo, Carsome, Freshket, GoWabi and Protomate

Thai venture capital firm ORZON Ventures on Friday announced its investments in five fast-growing startups in Thailand and Southeast Asia (SEA) region, namely Pomelo, Carsome,…

GrabBike, Grab, motorbikes, motorcycles, transportation, Indonesia

Grab reports $1.1B loss in 4Q as revenue falls on heavy incentive spending

Grab posted a loss of $1.1 billion in the fourth quarter 2011, as its revenue tumbled 44 percent year on year on heavy incentive spending. The revenue drop was due to the…

Singapore document AI startup Docsumo raises $3.5M in seed fund, eyes expansion in North American market

Docsumo has raised $3.5 million in seed capital led by Common Ocean. The round also saw the participation from Fifth Wall, Arbor Realty Trust, and existing investor Better…

More than digital transformation, consistent digital mastery is key to business resilience

Digital transformation may have once merely been a means to survive. But now, more than ever, it has become a must – and not just an option – for businesses to stay ahead in this…

How ex-Wall Street veterans are redefining what it means to ‘own your trade’ in Web3 [Podcast]

“The inevitable shift towards Web3 will increase the need for practical solutions to quickly onboard Web2 users. Merging the most useful features of centralized and decentralized…

Capital A e-wallet unit BigPay launches first fully digital personal loan product

BigPay announced Thursday the launch of its fully digital loans as part of the wider suite of financial services offerings. This makes BigPay the first product to have a full…

Singapore FoodTech firm Umami Meats secures $2.4M pre-seed funding to advance cultivated seafood

Umami Meats has secured pre-seed funding of $2.4 million.The pre-seed funding round was co-led by Better Bite Ventures and Genedant. Further participants in the round include CULT…

Building Connections and Capabilities Before You Land in the Thai Market [Tech Insight Series x TDPK Talk Panel Recap]

On February 23rd, True Digital Park and TechNode Global co-presented the TDPK TALK Special EP x TNG Tech Insights Series: Building Connections and Capabilities Before You Land in…

Australia’s New Forests announces first close of SE Asia-focused fund at $120M

New Forests announced Thursday the first close of its Tropical Asia Forest Fund 2 (TAFF2) with $120 million of capital commitments. Investors in the first close include Asian…

Australian FinTech firm Zeller doubles valuation to over $1B with $100M raise

Zeller has raised $100 million in Series B round at a valuation worth of $1 billion.The Series B, which saw Zeller more than double its valuation, was led by US-based Headline,…

Saigon Asset Management invests in Vietnamese FinTech firm Anfin

Anfin Company Limited announced Thursday the signing of an investment and strategic partnership agreement with Saigon Asset Management (SAM), which will see SAM becoming an equity…

Singapore’s Funding Societies unveils virtual card Elevate, addressing 80 percent MSME corporate credit card gap

Funding Societies has launched Elevate, a virtual card solution for micro, small and medium enterprises (MSMEs) in Singapore. The card is available on a credit line on the FinTech…

Sea Ltd’s Shopee exits France months after entering Europe – report

France was one of the most significant new markets for Sea, which has been embarking on an aggressive international push last year to drive growth beyond Southeast Asia.

Convergence between marketplaces & social media will continue in e-commerce, says Intrepid CEO Jasper Knoben [ORIGIN Innovation Awards Q&A]

In the interview, Knoben also shared what are the challenges faced by startups or innovators in this post-pandemic environment and Intrepid’s strategies to address these…